Get started

100

Twitter craving for new ATH!Right now everything is just right on Twitter. In the past few weeks a wedge has formed that now seems to break out in the 3/4 range. We were also able to overcome the MA50 with high trading Volume . Compared to its direct competition from the tech sector, Twitter has a favorable price / earnings ratio of 15. The fact that the NASDAQ-100 has some catching up to do with the S&P and the Dow supports my thesis that Twitter will gain enormous momentum with the quarterly figures at the end of April. I am very confident about this stock. My target price: $ 100
NYSE:TWTRLong
by RaffaeleL
7
NQ 2 hour analysis - rising wedge - February 7, 2021NQ 2 hour analysis - The NQ (Nasdaq 100 futures) is at an interesting crossroads. Observe the rising wedge with bid line drawn from the January 31 low. Notice the negative (bear) divergence on the momentum indicator below. Now look back to the previous rising wedge that topped out on January 26th. Notice the first (yellow arrow) top coinciding with the first negative (bear) divergence (yellow arrow). Observe that the NQ sold off for a day or so, then went back and tested the offer line again making a higher high (red arrow) on an even more negative divergence (red arrow) before selling off hard. I think there are 3 possible scenarios: 1) The NQ sells off this week out of the rising wedge. 2) The NQ sells or consolidates a bit, then rallies up to test the fib extension (sideways red arrow), building an even bigger divergence like last time, before selling off hard. 3) The NQ melts higher up. Let me know what you think will happen in the comments section below.
CME_MINI:NQ1!Short
by stimulus